$97,000
SOLD JAN 4, 2016

1570 2nd Ave SE Cedar Rapids, IA 52403

Wellington Heights Neighborhood
-- Bed
-- Bath
2,986 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$32 Per Sq Ft

16% Below List Price

214 Days on Market

Highlights

  • Hot Water Heating System
  • 4 Car Garage
  • 3-minute walk to Redmond Park

About This Home

As of August 2023

This multi family unit has had some updates in the past 5 years including: Cabinets, counters, carpeting & bathrooms. Landlord states they pay approx. $500 per month for utilities. Coin Laundry in basement thru Jetz Laundry Service. All units accept for B can be accessed from inside the building, Unit B accessed from the east side of the home. Parking in back off the alley. Property currently has a 6 month pest contract. Call LA for all showings, keys to be picked up at listing office. Need 24 hrs notice to show. Property sold "as is".

Last Agent to Sell the Property

Kelly Bemus

SKOGMAN REALTY Listed on: 03/31/2015

SKOGMAN REALTY

Last Buyer's Agent

Donald Fieldhouse

Cedar Rapids Area Association of REALTORS

Property Details

Home Type

  • Multi-Family

Year Built

  • 1900

Lot Details

  • Lot Dimensions are 60 x 140

Parking

  • 4 Car Garage

Home Design

  • 2,986 Sq Ft Home
  • Frame Construction

Utilities

  • Cooling System Mounted To A Wall/Window
  • Hot Water Heating System
  • Heating System Uses Gas

Community Details

  • Gross Income $29,400
  • Net Operating Income $21,000

Listing and Financial Details

  • The owner pays for water, electricity, gas

Property Details

Home Type

Multi-Family

Year Built

1900

Lot Details

0

Listing Details

  • City Name: Cedar Rapids
  • Expense Info: Owner Provided
  • Gross Tax: 2968
  • Last City Inspection: 2012
  • List User Cell Phone: 319-360-0707
  • Miscellaneous: Common Laundry-Leased, Garage, Ten Storag
  • Net Tax: 2968
  • Noof Units Efficiency: 4
  • Noof Units One Bedroom: 1
  • Property Sub Types: 5+ Units
  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 0.88182
  • Ratio Close Price By Original Li: 0.84348
  • Ratio Current Price By Sq Ft: 32.48
  • Total Sq Ft: 2986
  • Style St: Upper/Lower
  • Tax Roll Number: 142221100900000
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Exterior Features

  • Construction Methods: Frame
  • Exterior: Wood

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Heating Cooling: Gas Heat, Hot Water Heat, Window/Wall Air

Schools

  • Elementary School: Johnson
  • Middle School: McKinley
  • High School: Washington

Lot Info

  • Lot Size: 60 X 140

Rental Info

  • Owner Pays: Water, Electricity, Gas
  • Total Expenses: 8000

Multi Family

  • Gross Income: 29400
  • Net Operating Income: 21000.00

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2023 08/22/23 Sold $134,000 -4.2% $45 / Sq Ft
06/07/2023 06/07/23 Pending -- -- --
05/30/2023 05/30/23 For Sale $139,900 0.0% $47 / Sq Ft
04/30/2023 04/30/23 Pending -- -- --
04/15/2023 04/15/23 Price Changed $139,900 -6.7% $47 / Sq Ft
04/15/2023 04/15/23 For Sale $149,900 0.0% $50 / Sq Ft
02/11/2023 02/11/23 Pending -- -- --
01/18/2023 01/18/23 For Sale $149,900 +54.5% $50 / Sq Ft
01/04/2016 01/04/16 Sold $97,000 -15.7% $32 / Sq Ft
10/31/2015 10/31/15 Pending -- -- --
03/31/2015 03/31/15 For Sale $115,000 -- $39 / Sq Ft
Source: Cedar Rapids Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    John Beck

    IOWA REALTY

    (319) 981-9260

    3 in this area

    49 Total Sales

    John Beck
    Section Image

  • A

    Buyer's Agent in 2023

    Adam Stradt

    RE/MAX

    (319) 573-9668

    8 in this area

    66 Total Sales

    Adam Stradt
    Section Image
  • Kelly Bemus

    Seller's Agent in 2016

    Kelly Bemus

    SKOGMAN REALTY

    (319) 360-0707

    7 in this area

    122 Total Sales

    Kelly Bemus
    Section Image

  • D

    Buyer's Agent in 2016

    Donald Fieldhouse

    Cedar Rapids Area Association of REALTORS

    (239) 774-6598

    33 in this area

    4,915 Total Sales

    Donald Fieldhouse
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1502387

Cedar Rapids Area Association of REALTORS®

Iowa Linn County Cedar Rapids 52403 Wellington Heights

1570 2nd Ave SE, Cedar Rapids, IA

This home is located at 1570 2nd Ave SE, Cedar Rapids, IA 52403 and is currently priced at $97,000, approximately $32 per square foot. This property was built in 1900. 1570 2nd Ave SE is a home located in Linn County with nearby schools including Johnson Elementary School, McKinley STEAM Academy, and George Washington High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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